Updates

Intraday Update: NGXASI Gains +0.18%

August 11, 2023/InvestmentOne Update ASI as at 12.00pm: +0.18% Top Gainers and Losers: VERITASKAP (+10.00%), GLAXOSMITH (+9.78%), ENAMELWA (-10.00%) and RTBRISCOE (-8.51%). Sector Performances: Consumer Goods (+0.03%), Banking (-0.11%), Oil and Gas and Industrial. Market activity: In today’s trade, total volume increased by 64% while total value decreased by 24%, compared […]

Guinea: Transitional government, AfDB Sign $28 Million Loan Agreement for Agropastoral Development, Digitization and Market Access

The Bank’s Country Manager in Guinea, Léandre Bassolé and the Guinean Minister of the Economy and Finance, Moussa Cissé, signed the agreement in Conakry on 3 August 2023 August 10, 2023/AfDB The African Development Bank Group signed an agreement with the transitional government in Guinea for a $28 million loan […]

S&P Revises Nigeria’s Rating

August 10, 2023/CSL Research Following the removal of the long-standing fuel subsidy and the unification of the various official FX windows by the new administration, the global ratings company S&P Global Ratings revised the outlook on Nigeria from negative to stable. The ratings agency had in February maintained the country’s […]